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Trophy Wawa

3637 34th St S, St. Petersburg, FL 33711

Listing Price: $5,061,000

Cap Rate
3.75%
Tenant Name
WAWA FLORIDA, LLC
Years Remaining On Lease
17.2
Guarantor
Corporate Guarantee
Rentable SF
7,447
Lease Type
Ground Lease
Rent Per Square Feet
$25.49

Investment Overview

Marcus & Millichap is pleased to present Wawa, a truly rare trophy investment opportunity for an investor to purchase a truly iconic brand with a proven track record of success in St. Petersburg, FL. This location has a Wawa Inc. corporate guaranteed lease with strong financials. Additionally, this location is on US-19 which is the main N/S business and commuter artery that connects St. Petersburg to All Tampa markets. The concept is upward trending, recession, e-commerce, and COVID resistant. This prime location has a variety of phenomenal core real estate drivers that ensure future appreciation and stability of the location.

Investment Highlights

  • Wawa Inc. Corporate Lease Guaranty with Strong Financials & a Burgeoning Concept in High Growth Mode
  • Upward Trending, Recession, E-Commerce & Covid Resistant Concept
  • Investment Grade, Nationally Recognized Tenant with 900+ Locations Backing the Lease
  • Outparcel to Walmart Supercenter
  • US 19 – The main N/S Business & Commuter Artery Connecting St. Petersburg to All Northwest Tampa Submarkets
  • Pinellas County – Densest County in Entire State of Florida

Exclusively Listed By

Financing By

Auto Service - Gas-Conv

Trophy Wawa

Listing Price: $5,061,000

Cap Rate
3.75%
Tenant Name
WAWA FLORIDA, LLC
Years Remaining On Lease
17.2
Guarantor
Corporate Guarantee
Rentable SF
7,447
Lease Type
Ground Lease
Rent Per Square Feet
$25.49

Investment Highlights

  • Wawa Inc. Corporate Lease Guaranty with Strong Financials & a Burgeoning Concept in High Growth Mode
  • Upward Trending, Recession, E-Commerce & Covid Resistant Concept
  • Investment Grade, Nationally Recognized Tenant with 900+ Locations Backing the Lease
  • Outparcel to Walmart Supercenter
  • US 19 – The main N/S Business & Commuter Artery Connecting St. Petersburg to All Northwest Tampa Submarkets
  • Pinellas County – Densest County in Entire State of Florida

Investment Overview

Marcus & Millichap is pleased to present Wawa, a truly rare trophy investment opportunity for an investor to purchase a truly iconic brand with a proven track record of success in St. Petersburg, FL. This location has a Wawa Inc. corporate guaranteed lease with strong financials. Additionally, this location is on US-19 which is the main N/S business and commuter artery that connects St. Petersburg to All Tampa markets. The concept is upward trending, recession, e-commerce, and COVID resistant. This prime location has a variety of phenomenal core real estate drivers that ensure future appreciation and stability of the location.

Exclusively Listed By

Financing By

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